January 28, 2014
Minneapolis, U.S.A. --January 28, 2014-- Nonin Medical, a leader in noninvasive medical monitoring, today announced that it has entered into a multi-year distribution agreement with Terumo Cardiovascular Group in Europe. As of January 2014, Terumo Cardiovascular Group will distribute Nonin's SenSmart™ Universal Oximetry System to all hospitals in the U.K. and Ireland. A similar distribution agreement between the two companies for the United States was announced in April, 2013. Terumo manufactures and markets medical devices for the global cardiac surgery market.
The Nonin SenSmart Universal Oximetry System is the first dedicated oximeter system that provides measurements of both regional oximetry (rSO2) and pulse oximetry (SpO2). While providing industry-leading rSO2 accuracy,* the SenSmart system provides comprehensive monitoring of up to six-channels of rSO2 and SpO2 monitoring. No other oximeter system provides more than four channels of monitoring. The signal processor is substantially smaller than previous versions, making the SenSmart system ideal for use in a variety of settings where space is an issue, such as neonatal incubators. The system allows anesthesiologists, perfusionists, cardiovascular surgeons, neonatologists, intensivists, and other clinicians to quickly react to reverse tissue ischemia events before they become critical.
"Nonin Medical is pleased that this agreement, which takes advantage of Terumo's extensive cardiovascular relationships in heart hospitals in the UK and Ireland, will accelerate the adoption of the SenSmart System in the U.K. and Ireland," said Chris Holland, Vice President of Business Development for Nonin Medical. "Nonin's SpO2 and rSO2 technologies are cost-effective monitoring tools that help aid clinicians in caring for their patients with early detection of potentially dangerous events."
"Terumo UK is extremely excited about this collaboration with Nonin Medical and the opportunity it provides to both our current and new customers by adding their state-of-the-art regional oximetry to our current range of inline patient monitoring technologies," said Terumo UK Branch Manager Graham Walker. "We believe that this new addition to our product portfolio will be seen as a further indication of our commitment to provide the latest technology available to the UK cardiovascular market."
Cardiovascular surgery is a common procedure in the U.K. and Ireland. Regional oximetry-monitored procedures typically allow for early indication of oxygen desaturation that could lead to stroke, neurocognitive decline and other neurological or major organ injuries resulting from inadequate oxygen saturation. Regional oximetry solutions have been shown to reduce the cost of post-operative care and improve patient outcomes.1
Advantages of the SenSmart Universal Oximetry System include:
For more information about the Nonin SenSmart System, visit www.sensmart.com.
Terumo Cardiovascular Group is an integral part of Terumo's family of cardiovascular businesses and is committed to developing innovative technologies for the treatment of cardiovascular disease. In Europe, Terumo Cardiovascular Group provides products and service such as Capiox® Oxygenators, customized Tubing Sets, CDI® Blood Parameter Monitoring Systems, Pall® filter brand products, and the VirtuoSaph Plus® Endoscopic Vessel Harvesting System.
For more information, visit www.terumo-europe.com.
Tokyo-based Terumo Corporation is one of the world's leading medical device manufacturers with $4 billion in sales and operations in more than 160 nations. Founded in 1921, the company develops, manufactures, and distributes world-class medical devices including products for use in cardiothoracic surgery, interventional procedures, and transfusion medicine; the company also manufactures a broad array of syringe and hypodermic needle products for hospital and physician office use. Terumo contributes to society by providing valued products and services to the healthcare market and by responding to the needs of healthcare providers and the people they serve. Terumo Corporation's shares are listed on the first section of the Tokyo Stock Exchange and is a component of the Nikkei, Japan's leading stock index.
Nonin Medical, Inc. invented the finger pulse oximeter and designs and manufactures noninvasive medical monitoring solutions that meet customers' technology needs today and tomorrow. Headquartered in Minneapolis, Minn., with a customer center in Amsterdam, the Netherlands, Nonin Medical sells its pulse and regional oximeters, capnographs, sensors and software to health professionals and consumers in more than 125 countries. The company also has more than 200 OEM partners worldwide.
For more information, visit www.nonin.com.
(Notice) Among the information that Terumo discloses, the forward-looking statements including financial projections are based upon our assumptions using information available to us at the time and are not intended to be guarantees of future events or performance. Accordingly, it should be noted that actual results may differ from those forecasts on projections due to various factors. Factors affecting to actual results include, but are not limited to, changes in economic conditions surrounding Terumo, fluctuations of foreign exchange rates, and state of competition. The market share information in this press release is partly derived from our own independent research.